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Compare British Virgin Islands (2008) - Bermuda (2008)

Compare British Virgin Islands (2008) z Bermuda (2008)

 British Virgin Islands (2008)Bermuda (2008)
 British Virgin IslandsBermuda
Administrative divisions none (overseas territory of the UK) 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Age structure 0-14 years: 20.2% (male 2,410/female 2,337)


15-64 years: 74.5% (male 9,004/female 8,534)


65 years and over: 5.4% (male 665/female 602) (2007 est.)
0-14 years: 18.3% (male 6,094/female 6,014)


15-64 years: 69.2% (male 22,696/female 23,094)


65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.)
Agriculture - products fruits, vegetables; livestock, poultry; fish bananas, vegetables, citrus, flowers; dairy products, honey
Airports 3 (2007) 1 (2007)
Airports - with paved runways total: 2


914 to 1,523 m: 1


under 914 m: 1 (2007)
total: 1


2,438 to 3,047 m: 1 (2007)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2007)
-
Area total: 153 sq km


land: 153 sq km


water: 0 sq km


note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke
total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
Area - comparative about 0.9 times the size of Washington, DC about one-third the size of Washington, DC
Background First inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue.
Birth rate 14.82 births/1,000 population (2007 est.) 11.26 births/1,000 population (2007 est.)
Budget revenues: $204.7 million


expenditures: $180.4 million (2004)
revenues: $738 million


expenditures: $665 million (FY04/05)
Capital name: Road Town


geographic coordinates: 18 27 N, 64 37 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
name: Hamilton


geographic coordinates: 32 17 N, 64 47 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Climate subtropical; humid; temperatures moderated by trade winds subtropical; mild, humid; gales, strong winds common in winter
Coastline 80 km 103 km
Constitution 13 June 2007 8 June 1968; amended 1989 and 2003
Country name conventional long form: none


conventional short form: British Virgin Islands


abbreviation: BVI
conventional long form: none


conventional short form: Bermuda


former: Somers Islands
Death rate 4.42 deaths/1,000 population (2007 est.) 7.84 deaths/1,000 population (2007 est.)
Debt - external $36.1 million (1997) $160 million (FY99/00)
Dependency status overseas territory of the UK; internal self-governing overseas territory of the UK
Diplomatic representation from the US none (overseas territory of the UK) chief of mission: Consul General Gregory W. SLAYTON


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5300 Hamilton Place, Washington, DC 20520-5300


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
Diplomatic representation in the US none (overseas territory of the UK) none (overseas territory of the UK)
Disputes - international none none
Economic aid - recipient $NA $90,000 (2004)
Economy - overview The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 820,000 tourists, mainly from the US, visited the islands in 2005. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, made the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the US dollar as its currency since 1959. Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks and again after Hurricane Katrina in August 2005, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable.
Electricity - consumption 41.85 million kWh (2005) 574.8 million kWh (2005)
Electricity - exports 0 kWh (2005) 0 kWh (2005)
Electricity - imports 0 kWh (2005) 0 kWh (2005)
Electricity - production 45 million kWh (2005) 618 million kWh (2005)
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: Mount Sage 521 m
lowest point: Atlantic Ocean 0 m


highest point: Town Hill 76 m
Environment - current issues limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments) sustainable development
Ethnic groups black 83%, other 17% (includes white, Indian, Asian and mixed) black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
Exchange rates the US dollar is used Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor David PEAREY (since 18 April 2006)


head of government: Premier Ralph T. O'NEAL (since 23 August 2007)


cabinet: Executive Council appointed by the governor from members of the House of Assembly


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Sir Richard GOZNEY (since 12 December 2007)


head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX


cabinet: Cabinet nominated by the premier, appointed by the governor


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Exports 0 bbl/day (2004) 0 bbl/day (2005)
Exports - commodities rum, fresh fish, fruits, animals; gravel, sand reexports of pharmaceuticals
Exports - partners Virgin Islands (US), Puerto Rico, US (2006) Spain 35.3%, UK 15.7%, Brazil 9.1%, Sweden 7.5% (2006)
Fiscal year 1 April - 31 March 1 April - 31 March
Flag description blue, with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful) red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag
GDP - composition by sector agriculture: 1.8%


industry: 6.2%


services: 92% (1996 est.)
agriculture: 1%


industry: 10%


services: 89% (2002 est.)
GDP - real growth rate 1% (2002 est.) 4.6% (2004 est.)
Geographic coordinates 18 30 N, 64 30 W 32 20 N, 64 45 W
Geography - note strong ties to nearby US Virgin Islands and Puerto Rico consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA%


highest 10%: NA%
Illicit drugs transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering -
Imports 604.3 bbl/day (2004) 4,250 bbl/day (2004)
Imports - commodities building materials, automobiles, foodstuffs, machinery clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners Virgin Islands (US), Puerto Rico, US (2006) US 71.8%, Venezuela 6.9%, Canada 6.6% (2006)
Independence none (overseas territory of the UK) none (overseas territory of the UK)
Industrial production growth rate NA% NA%
Industries tourism, light industry, construction, rum, concrete block, offshore financial center international business, tourism, light manufacturing
Infant mortality rate total: 16.13 deaths/1,000 live births


male: 18.82 deaths/1,000 live births


female: 13.29 deaths/1,000 live births (2007 est.)
total: 8.08 deaths/1,000 live births


male: 9.58 deaths/1,000 live births


female: 6.56 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 2% (2005) 2.8% (November 2005)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO
Irrigated land NA NA
Judicial branch Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction Supreme Court; Court of Appeal; Magistrate Courts
Labor force 12,770 (2004) 38,360 (2004)
Labor force - by occupation agriculture: 0.6%


industry: 40%


services: 59.4% (2005)
agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 est.)
Land boundaries 0 km 0 km
Land use arable land: 20%


permanent crops: 6.67%


other: 73.33% (2005)
arable land: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2005)
Languages English (official) English (official), Portuguese
Legal system English law English law
Legislative branch unicameral House of Assembly (13 elected seats and 1 non-voting ex officio member in the attorney general; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; to serve four-year terms)


elections: last held 20 August 2007 (next to be held in 2011)


election results: percent of vote by party - VIP 45.2%, NDP 39.6%, independent 15.2%; seats by party - VIP 10, NDP 2, independent 1
bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)


elections: last general election held 18 December 2007 (next to be held not later than 2012)


election results: percent of vote by party - PLP 52.5%, UBP 47.3%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population: 76.86 years


male: 75.71 years


female: 78.07 years (2007 est.)
total population: 78.13 years


male: 76 years


female: 80.29 years (2007 est.)
Literacy definition: age 15 and over can read and write


total population: 97.8% (1991 est.)


male: NA%


female: NA%
definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (2005 est.)
Location Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Map references Central America and the Caribbean North America
Maritime claims territorial sea: 3 nm


exclusive fishing zone: 200 nm
territorial sea: 12 nm


exclusive fishing zone: 200 nm
Merchant marine - total: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT


by type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4


foreign-owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23)


registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (2007)
Military - note defense is the responsibility of the UK defense is the responsibility of the UK
Military branches - no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment
Military expenditures - percent of GDP - 0.11% (2005 est.)
National holiday Territory Day, 1 July (1956) Bermuda Day, 24 May
Nationality noun: British Virgin Islander(s)


adjective: British Virgin Islander
noun: Bermudian(s)


adjective: Bermudian
Natural hazards hurricanes and tropical storms (July to October) hurricanes (June to November)
Natural resources NEGL limestone, pleasant climate fostering tourism
Net migration rate 8.83 migrant(s)/1,000 population (2007 est.) 2.34 migrant(s)/1,000 population (2007 est.)
Political parties and leaders Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL] Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT]
Political pressure groups and leaders NA Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
Population 23,552 (July 2007 est.) 66,163 (July 2007 est.)
Population below poverty line NA% 19% (2000)
Population growth rate 1.923% (2007 est.) 0.576% (2007 est.)
Radio broadcast stations AM 1, FM 5, shortwave 0 (2004) AM 5, FM 3, shortwave 0 (2005)
Religions Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, other 2%, none 2% (1991) Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.031 male(s)/female


15-64 years: 1.055 male(s)/female


65 years and over: 1.105 male(s)/female


total population: 1.053 male(s)/female (2007 est.)
at birth: 1.02 male(s)/female


under 15 years: 1.013 male(s)/female


15-64 years: 0.983 male(s)/female


65 years and over: 0.771 male(s)/female


total population: 0.959 male(s)/female (2007 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: worldwide telephone service


domestic: NA


international: country code - 1-284; connected via submarine cable to Bermuda; the East Caribbean Fiber System (ECFS) optic submarine cable provides connectivity to 13 other islands in the eastern Caribbean (2007)
general assessment: good


domestic: fully automatic digital telephone system; fiber-optic trunk lines


international: country code - 1-441; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007)
Telephones - main lines in use 11,700 (2002) 57,700 (2006)
Telephones - mobile cellular 8,000 (2002) 60,100 (2006)
Television broadcast stations 1 (plus 1 cable company) (1997) 3 (2005)
Terrain coral islands relatively flat; volcanic islands steep, hilly low hills separated by fertile depressions
Total fertility rate 1.72 children born/woman (2007 est.) 1.88 children born/woman (2007 est.)
Unemployment rate 3.6% (1997) 2.1% (2004 est.)
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